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Treasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’
16.2.2024
U.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also admitted that “digital assets were not even a popular tool for Hamas or the Palestinian Islamic...
Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds
15.2.2024
Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for...
Top 10 Industries Where Cryptocurrency is Replacing Traditional Fiat Currency
14.2.2024
Cryptocurrencies, digital assets, and other newer technologies are set to become the most important elements of various industries. In today’s world, more consumers are willing to go cashless and make payments through digital currencies since they offer hassle-free and faster payment systems than...
Coinbase’s New Ad Highlights Potential of Blockchain to Revitalize Pennies
13.2.2024
Coinbase, a leading cryptocurrency exchange, has unveiled a new television ad that playfully mocks traditional United States fiat currency, depicting it as a penny coin. In the ad, the penny is humorously tossed into a bin and vacuumed, symbolizing the need for a digital upgrade to replace outdated...
Soulmate AI Launches to Redefine AI Relationships With Crypto Integration
13.2.2024
Soulmate AI is a trending new project integrating artificial intelligence with personal companionship. It caters to the massively increased interest in AI girlfriends, offering users a unique opportunity to engage with digital companions like never before. As we enter a time when technology aims...
Spot Bitcoin ETFs Outpace MicroStrategy Holdings, Marking Significant Market Movement
12.2.2024
An unprecedented shift in the cryptocurrency market occurred on Monday as nine traditional asset management firms surpassed MicroStrategy’s Bitcoin holdings through spot Bitcoin ETFs, a report by HODL15Capital confirmed. Institutional investors are rapidly accumulating Bitcoin, marking...
New Zealand Central Bank Governor Issues Warning Against Stablecoins
12.2.2024
New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday. He criticized these tokens as “misnomers” and “oxymorons,” highlighting their...
Traditional Banking Sector Helped to Fuel Misconceptions About Regulators’ Stance on Crypto, Says Karim Chaib
11.2.2024
Although many global regulators are commonly perceived to be against offering regulation that is supportive of crypto, Karim Chaib, the CEO of the digital assets platform Web3intelligence, asserts that their stance is, in fact, intended “to ensure a safe and secure environment for both...
Can Decentralized Social Media Redefine Online Community Engagement?
9.2.2024
Decentralized social media (DeSo) is a concept that is looking to stir up the digital landscape and promises to redefine how we connect online. Meanwhile, traditional social media as we know it today is a vibrant hub of community engagement. It is a space where ideas flourish and voices are heard....
Neobanking app enfineo claims it can bridge traditional finance with cryptocurrencies
9.2.2024
  Startup enfineo is building an alternative to your usual cryptocurrency wallets with a focus on traditional banking and finance. enfineo guarantees that the platform seamlessly integrates conventional banking with the dynamic world of cryptocurrencies, allowing users to manage their savings...
SocialFi Project Friendzone to Debut on Polygon Blockchain
8.2.2024
Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said to combine the emotional aspects of traditional social media with the financial rewards of Web3 to build online communities....
Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood
7.2.2024
ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin ETFs, offering investors streamlined access to...
Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App
7.2.2024
Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent order from the Office of the Comptroller of...
Will the Tokenization of Debt Trend Gain Momentum in 2024?
6.2.2024
The tokenization trend continues to gain momentum in 2024 with the primary focus being on digital assets and payment systems. The tokenization of debt, derivatives, and structured products requires converting these instruments into digital tokens on the blockchain or distributed ledgers and remains...
GoDaddy and ENS Partner to Offer Free Linking of .eth Domains to Traditional Web2 Domains
5.2.2024
ENS, the domain name protocol on the Ethereum network, has announced a partnership with GoDaddy, the largest internet domain registry, allowing users to seamlessly link their internet domains to ENS addresses without any cost. Announced on February 5, GoDaddy domain name holders can now easily link...
First U.S. Bank to Introduce Crypto Checking Accounts Reverses Course, Closes Crypto Banking Mobile App
5.2.2024
A bank claiming to be the first U.S. banking institution to allow its customers to buy, sell, and hold cryptocurrencies “alongside a traditional checking account,” closed its mobile crypto app last week. In a FAQ posted on its website, Vast Bank said it was exiting the crypto industry and would...
Affected by the National Stock Market Downturn, Chinese Investors Have Flocked to Gold
1.2.2024
Chinese investors have been buying gold as an investment, motivated by the poor performance of traditional stock and property options. According to World Gold Council (WGC) reports, China had the largest demand for gold for jewelry and investment purposes in 2023. This, and the demand from central...
Doom’s Unconventional Journey: Now on Bitcoin, Dogecoin, and Gut Bacteria
1.2.2024
The iconic first-person shooter game Doom has surpassed traditional platforms and made it onto blockchain networks like Bitcoin and Dogecoin. Using protocols like Ordinals, enthusiasts have inscribed simplified versions of Doom on the Bitcoin (BTC) network. Ordinals refer to a relatively recent...
Rich Dad Poor Dad Author Explains Why He Owns Bitcoin Over Stocks
31.1.2024
Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – has come out with another statement in support of Bitcoin (BTC) as a superior money and investment asset compared to traditional stocks. “Bitcoin is protection against the theft of our wealth via our money,” read...
Experts Warn of Financial System Risks as Bitcoin ETFs Bridge Gap between Crypto and TradFi
31.1.2024
The recent launch of exchange-traded funds (ETFs) tracking Bitcoin (BTC) has sparked concerns among experts about the potential risks that could emerge as cryptocurrencies become further intertwined with the traditional financial system. The Securities and Exchange Commission (SEC) approved 11 spot...